While writing a piece for the website realestate.com.au, Venessa Paech talks about borrowers’ growing penchant for variable rate loans. They are quite willing to shun off the lure of fixed rate loans believing that the ‘variable rate’ stuff will offer them greater benefits in the long run.
Tracey's Property News
Five-year Plans Work Best
“Best dreams are those which remain unrealised”….I don’t remember who said it and why it is still lying with me. It oozes with escapist connotations, go-getters may even find it trashy and it looks good only to comfort forlorn lovers. Hey! I am getting carried away….why did I even begin this topic this way?
What If It Rains While You Are Moving House?
Nobody wants to move house in anything but perfect weather. While you need to be at the bottom edge of your luck to encounter cyclones and snowstorms on this day, you can very well face a bout of rain and thunder. So do you postpone moving? You are hardly in a position to do so by this time.
HIA Predicts 2014 Will Be Good For Housing Industry
Succeeding back-to-back years of decline, new dwelling commencements have got a spring in their stride this year. A Press Release on the website of the Housing Industry Association (HIA) quotes how the housing starts have enhanced by 11.7%, reaching a phenomenal 161,970 last year.
How Well Placed Is the Housing Sector?
In the view of Peter Kouilzos, 2014 is beautifully interspersed with buying opportunities. In an article for the website realestate.com.au he asserts that the investors would love how 2014 shapes up and least because of a super growth in prices. It is just that so many factors are expected to combine well to make it a happy-hunting time for property investors.
Time on Market Close to 2010 Standards
The houses and units in capital cities are on fire and pleasantly so. They are showing robust trends not only in terms of auction clearance rates but also in terms of time on market and discounts.